Gladstone Regional CouncilEconomic profile
Skip to content

Gladstone Regional Council area

Rental listings

At June 2017, Gladstone Regional Council area had a median house rental of $230, $155 lower than the median house rental for Queensland.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2013-2017, Automated Valuation System

Rental listings
Gladstone Regional Council area20172013Change
Housing value (at June)Gladstone Regional Council areaQueenslandGladstone Regional Council area relative to QueenslandGladstone Regional Council areaQueenslandGladstone Regional Council area relative to Queensland2013 to 2017
House--------------
First Quartile$190$310-38.7%$425$330+28.8%-$235
Median$230$385-40.3%$500$390+28.2%-$270
Third Quartile$280$470-40.4%$585$470+24.5%-$305
Median Rental Yield4.0%4.9%--5.9%5.5%----
Unit--------------
First Quartile$160$275-41.8%$326$280+16.4%-$166
Median$190$345-44.9%$380$335+13.4%-$190
Third Quartile$230$420-45.2%$450$400+12.5%-$220
Median Rental Yield6.3%5.5%--6.0%5.8%----

Source: Hometrack 2013-2017, Automated Valuation System.

Rental listings, 2017
Rental listings, 2017 Third Quartile, Queensland: $420 Median, Queensland: $345 First Quartile, Queensland: $275 Third Quartile, Queensland: $470 Median, Queensland: $385 First Quartile, Queensland: $310 Third Quartile, Gladstone Regional Council area: $230 Median, Gladstone Regional Council area: $190 First Quartile, Gladstone Regional Council area: $160 Third Quartile, Gladstone Regional Council area: $280 Median, Gladstone Regional Council area: $230 First Quartile, Gladstone Regional Council area: $190
Source: Hometrack 2013-2017, Automated Valuation System
Change in rental listings, 2013 to 2017
Change in rental listings, 2013 to 2017 Third Quartile, Queensland: $20 Median, Queensland: $10 First Quartile, Queensland: $-5 Third Quartile, Queensland: $0 Median, Queensland: $-5 First Quartile, Queensland: $-20 Third Quartile, Gladstone Regional Council area: $-220 Median, Gladstone Regional Council area: $-190 First Quartile, Gladstone Regional Council area: $-166 Third Quartile, Gladstone Regional Council area: $-305 Median, Gladstone Regional Council area: $-270 First Quartile, Gladstone Regional Council area: $-235
Source: Hometrack 2013-2017, Automated Valuation System

To continue building your economic story go to...

v19.03.15-1.1.1